Daily Archives: September 19, 2013

Kattey, who was released by his abductors after nine days of captivity in the forest, said the political leadership in the country must begin to be sensitive to the plights of the governed by carrying out the basic responsibilities of government to her citizens.

The Archbishop while narrating his ordeal in the den of his abductors, frowned at the allegation by the Rivers State Police Command that it facilitated his rescue. “The police did not rescue me and my wife. That the police rescued me and my wife is not true. I saw the police for the first time two days ago. The police public relations officer is telling lies. The commissioner of police apologised to me yesterday (Tuesday), “he said.

The Federal Reserve lost its chance for a “freebie” by deciding not to begin scaling back its $85-billion-a-month bond-buying program because the markets had already factored in the taper, hedge fund pro Stanley Druckenmiller told CNBC on Thursday….

Druckenmiller argued that the Fed’s lack of action will make it much harder for the next central bank chairman to start tapering.

Read it all (the full video of the interview is highly recommended if you have the time).

In other legal matters, the [new diocese of the] Episcopal Church in South Carolina has filed a separate legal action asking the federal court to rule that its liability insurance policy provides coverage for the state lawsuit.

Attorneys for The Episcopal Church in South Carolina contacted the Church Insurance Company of Vermont in writing in August. The company denied coverage, prompting the legal action to clarify the matter, according to Thomas S. Tisdale, Jr., Chancellor of The Episcopal Church in South Carolina. The case also has been assigned to Judge Houck.

U.S. District Judge C. Weston Houck has been asked to reconsider his dismissal of a federal lawsuit arising from the Episcopal schism in eastern South Carolina.

Houck last month dismissed the action brought by Bishop Charles vonRosenberg and ruled that the legal issues should be settled in state court. The bishop represents parishes remaining with the national Episcopal Church following last year’s schism.

Religious freedom is one of the world’s most urgent issues at this moment in history. For a start, it is the guarantee and protection of the foundational human right that best allows us the freedom to be human. Also, it is under assault around the world as never before, whether through brutal government oppression (think of China and Iran) or horrifying sectarian violence (think of Nigeria, Egypt, and much of the Middle East). But what makes the situation worse is the failure of the West to live up to the best of its heritage, and therefore to fail in demonstrating an alternative. This is especially tragic in the U.S., where the founders’ settlement, which James Madison called the “true remedy” to the problem, is steadily being destroyed by fifty years of culture warring. And all this is happening at a time when the challenge of “living with our deepest differences” has become an urgent global problem.

There are of course endless academic studies of the issue, and many individuals and organizations have stood courageously against the violations of religious freedom, but where are the constructive proposals that lead to a better way? And where are the statesmanlike leaders addressing the issue? I hope my book will contribute to a new Western debate reaffirming the foundational importance of religious freedom. I hope too that it will challenge Americans not to squander their heritage foolishly as so many are doing now.

Seeing a more uneven economic climate than they expected and the potential for fiscal discord in Washington, Federal Reserve officials got cold feet Wednesday and decided to keep their signature easy-money program in place for the time being.

The move, coming after Fed officials spent months alerting the public that they might begin to pare their $85 billion-a-month bond-buying program at the September policy meeting, marks the latest in a string of striking turnabouts from Washington policy makers that have whipsawed markets in recent days.

A group of Zambian Anglicans wowed by the impact of rural evangelism has challenged the Church to evangelise to the farthest parts of the country.

The challenge came following a week of church planting in one of Zambia’s most remote and neglected towns of Chama, a small town in the Eastern Province of Zambia. The headquarters of Chama District, Chama town is one of the most remote district headquarters in the country, lying just inside the eastern edge of Luangwa National Park.

Fr Katete Jackson Jones is a priest from Lusaka Diocese and one of the organisers of the project. He told ACNS today, “Most of the churches that we currently have in Zambia were planted by missionaries many years ago, but the Church today has not done much to plant indigenous churches in the country”.

In his first interview since his son’s suicide in April, famed pastor Rick Warren told CNN that he knew his son, Matthew, had bought a gun, dismissed rumors that Matthew was gay and said he doesn’t blame God for the tragedy.

“I have cried every single day since Matthew died,” Warren said Tuesday in an exclusive interview with CNN.

“But that – that’s actually a good thing. Grief is a good thing. It’s the way we get through the transitions of life.”

Almighty God, who didst call thy servant Theodore of Tarsus from Rome to the see of Canterbury, and didst give him gifts of grace and wisdom to establish unity where there had been division, and order where there had been chaos: Create in thy Church, we pray, by the operation of the Holy Spirit, such godly union and concord that it may proclaim, both by word and example, the Gospel of the Prince of Peace; who liveth and reigneth with thee and the Holy Spirit, one God, for ever and ever.

Almighty God who hast sent the Spirit of truth unto us to guide us into all truth: so rule our lives by thy power that we may be truthful in thought and word and deed. May no fear or hope ever make us false in act or speech; cast out from us whatsoever loveth or maketh a lie, and bring us all into the perfect freedom of thy truth; through Jesus Christ our Lord.

Seeing the crowds, he went up on the mountain, and when he sat down his disciples came to him. And he opened his mouth and taught them, saying: “Blessed are the poor in spirit, for theirs is the kingdom of heaven. “Blessed are those who mourn, for they shall be comforted. “Blessed are the meek, for they shall inherit the earth. “Blessed are those who hunger and thirst for righteousness, for they shall be satisfied. “Blessed are the merciful, for they shall obtain mercy. “Blessed are the pure in heart, for they shall see God. “Blessed are the peacemakers, for they shall be called sons of God. “Blessed are those who are persecuted for righteousness’ sake, for theirs is the kingdom of heaven.”

There’s plenty of fodder for deficit hawks in a new report from the nonpartisan Congressional Budget Office. In short, the future looks grim….

First, the good news: The CBO projects the deficit will shrink to $378 billion in 2015, or 2.1 percent of the size of the overall U.S. economy. Compared with just a few years ago when the budget gap ballooned as a result of the recession, this marks a nearly unprecedented improvement in the deficit picture. It’s a rapid decline in budget shortfalls not seen since the end of World War II. The national debt will bottom out in 2018, at 68 percent of GDP.

The bad news: From there, the picture gets decidedly less rosy. Budget deficits gradually rise, “mainly because of increasing interest costs and growing spending for Social Security and the government’s major health care programs (Medicare, Medicaid, the Children’s Health Insurance Program, and subsidies to be provided through the health insurance exchanges),” says the report. By 2038, the national debt will reach 100 percent of GDP….